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Investment

Investment For Sale Weston-Super-Mare

PROPERTY ID: 124157

PROPERTY TYPE

Investment

STATUS

Available

SIZE

7,674 sq.ft

Key Features

Quality retail investment
Fully let producing £80,000 per annum
Two tenants incorporating upward only reviews with 76a having minimum uplift at first review to £25,000 per annum then to the higher of OMV or RPI
Established and popular location
Large uppers that offer considerable residential value conversion

Property Details

Occupying a prominent and highly visible location on Regent Street, in the heart of Weston-Super-Mare. Regent street is a popular and well occupied retailing location, with nearby occupiers including New Look, McDonalds, Peacocks and a mix of regional and independent retailers. A multi-storey car park is also in very close proximity. Regent Street links onto the High Street, with its diverse range of occupiers and the Shopping Centre. Weston-Super-Mare is a seaside town in Somerset, England. It's known for its long sandy beach, Victorian architecture, and the Grand Pier. Weston-Super-Mare has good transportation links. The town is served by a railway station, the M5 motorway is nearby, offering road access to other parts of the country. The Town also has local bus services, contributing to its overall accessibility.

The Property Comprises A Substantial 3 Storey Building With Brick Facing To The Elevations Under A Flat Roof. It Is Currently Arranged As Two Units Each With Front And Rear Access. Number 76 Is Arranged As A Large Serving And Dining Area, Storage And Ancillary To The Ground Floor, With Extensive Upper Parts Over The 1st And 2nd Floors. Number 76a Currently Has A Kitchen, Servery And Dining Area. Location Occupying A Prominent And Highly Visible Location On Regent Street, In The Heart Of Weston-super-mare. Regent Street Is A Popular And Well Occupied Retailing Location, With Nearby Occupiers Including New Look, Mcdonalds, Peacocks And A Mix Of Regional And Independent Retailers. A Multi-storey Car Park Is Also In Very Close Proximity. Regent Street Links Onto The High Street, With Its Diverse Range Of Occupiers And The Shopping Centre. Weston-super-mare Is A Seaside Town In Somerset, England. It's Known For Its Long Sandy Beach, Victorian Architecture, And The Grand Pier. Weston-super-mare Has Good Transportation Links. The Town Is Served By A Railway Station, The M5 Motorway Is Nearby, Offering Road Access To Other Parts Of The Country. The Town Also Has Local Bus Services, Contributing To Its Overall Accessibility. Accommodation All Areas Are Approximate And Measured In Accordance With The Rics Property Measurement (2nd Edition). Please Refer To The Tenancy Schedule Within The Brochure. Rent / Price Price On Application. Services We Understand That Mains Electricity, Gas, Water And Drainage Are Connected To The Property However, These Services Have Not Been Tested By The Agents. Interested Parties Should Make Their Own Enquiries. Epc 76 - C (75) Issued 25 September 2015. 76a - C (70) Issued 25 September 2015. Legal Fees Each Party To Be Responsible For Their Own Legal Fees In Relation To This Transaction. Vat The Property Has Been Elected For Vat And Therefore Vat Is Payable On The Purchase Price. However, A Togc Should Be Applicable.

About the Agent

Investment Unit

POA

76 & 76A Regent Street, Weston-Super-Mare, BS23 1SR
Investment - Available
7,674 sq ft
713 sqm
Show phone number

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